Cohort (LON:CHRT) Sets New 12-Month High – Time to Buy?

Cohort plc (LON:CHRT) shares hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 1,300 ($17.40) and last traded at GBX 1,256.54 ($16.81), with a volume of 29861 shares changing hands. The stock had previously closed at GBX 1,260 ($16.86).

Cohort Stock Performance

The company has a debt-to-equity ratio of 37.28, a quick ratio of 0.93 and a current ratio of 1.55. The company has a 50 day moving average price of GBX 1,168.90 and a 200 day moving average price of GBX 1,081.75. The company has a market capitalization of £591.85 million, a PE ratio of 34.44 and a beta of 0.56.

Cohort Cuts Dividend

The business also recently announced a dividend, which was paid on Tuesday, February 18th. Stockholders of record on Thursday, January 9th were paid a GBX 5.25 ($0.07) dividend. The ex-dividend date of this dividend was Thursday, January 9th. This represents a dividend yield of 0.51%. Cohort’s dividend payout ratio (DPR) is presently 39.62%.

Insider Activity at Cohort

In related news, insider Andrew Stephen Thomis sold 5,358 shares of the business’s stock in a transaction dated Wednesday, April 9th. The shares were sold at an average price of GBX 1,120 ($14.99), for a total transaction of £60,009.60 ($80,301.89). 39.22% of the stock is owned by corporate insiders.

Cohort Company Profile

Cohort plc (www.cohortplc.com) is the parent company of six innovative, agile and responsive businesses based in the UK, Germany and Portugal, providing a wide range of services and products for domestic and export customers in defence and related markets.

Chess Technologies, through its operating businesses Chess Dynamics and Vision4ce, offers surveillance, tracking and fire-control systems to the defence and security markets.